Elon Musk suffered one of the biggest legal losses in U.S. history this week when the Tesla CEO was stripped of his $56 billion pay package in a case brought by an unlikely opponent, a former heavy metal drummer.
Elon Musk suffered one of the biggest legal losses in U.S. history this week when the Tesla CEO was stripped of his $56 billion pay package in a case brought by an unlikely opponent, a former heavy metal drummer.
I’d say people in that position need that sort of confidence to do their job well. But that’s why there’s a board of directors: to reign in that ridiculous CEO overconfidence. Musk is the headline because he makes headlines but the real fuckers here are the board who though “sure, $56 billion dollars seems reasonable”.
Note: my Tesla was in the shop for ELEVEN months waiting for spare fucking parts from Tesla. I wonder how many they could have made with $56 billion…